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Trustees: What is reasonable?
Stephen Alexander asks when a trustee can charge fixed fees The reasonableness (and therefore recoverability) of the fixed fee will vary according to the size of the trust fund, the complexity of the situation, and the risks and responsibilities in relation to the trust. Individual trustees will usually charge by reference to time spent. Corporate …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Trilogy Management Ltd v White Willow (Trustees) Ltd & ors [2021] JRC 136